Commodity prices to bring ‘belt tightening’ for farmers

Farmers are feeling the pain of the continued slump in commodity prices, according to American Farm Bureau Federation President Zippy Duvall. During testimony before a House subcommittee last week, Duvall said lower prices will affect income for all farmers and ranchers, but will have an even greater impact on new and young farmers who have not built up equity, are renting a significant portion of their land or are paying off equipment.

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